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Search Results 0 to 29 of about 30 (some duplicates have been removed)
years ago. that a bigger government, spending more, taxing more, regulating more. if you will, trickle-down government, would work. a >> reporter: president obama sounded a familiar alarm, warning of romney's "been there, done that" economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care. >> reporter: the president made his points in a slower, more laid-back manner, often looking down, sometimes appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top-down economics, where folks at the top are doing well, so the average person making 3 million bucks is getting a $250
. governor romney says he would bring relief to the middle class. >> i don't have a $5 trillion tax cut. i don't have a tax cut that you're talking about. we should provide relief to the people in the mid class. high income people are doing just fine in this income, they'll do fine whether you're president or i am. the people having a hard time right now are middle income americans. under the president's policy middle income americans have been buried, they are being crushed. jon: mr. obama with this argument. >> the fact is that if you are loring the rates you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's wher
is governor romney with sean manty last night. >> what i find so offensive about his tax plan, by raising taxes on small business, as he does, he will kill jobs. and right now, what america needs, as much as anything else is more jobs, more jobs more take-home pay. is the whole focus of my campaign. i know what the president's been campaigning on and saying about me is very different than what i actually am, what i actually believe. that is where the difference came. what the president has been saying and reality are pretty far apart. martha: that in the mix this morning. a lot to add into the picture. senior nothing correspondent john roberts is live from st. petersburg, florida, today. that's where we find governor romney. he will hold a rally there later today. what about the aspect of truth of issue in this campaign, john? >> reporter: oh, this is turning out to be a real battle between taxes and the truth, martha. let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business
people are you paying payroll taxes? that's a pretty good number. the unemployment comes from what we call the household survey, calling people up at home and saying do you have a job? are you working? are you unemployment and looking for a job or unemployed and not looking for a job. in that group it's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possibl
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
solution to our budgetary problems has to involve spending cuts and tax increases. ronald reagan agreed to tax increases when it hit 4%. george w. bush did. but today's republican parties is organized around the proposition that no matter the circumstances, there must never be a tax increase of any kind. the simpson-bowles proposal calls for 1% for every $3 of spending cut bus every republican presidential candidate during the primaries including romney pledge thad he or she would not accept $10 of spending cuts if that meant $10 of tax increases. so romney could present a serious plan and then h would face a revolt within his own party. so his solution has been to be it lerly vague about how to deal with the actually deaf sit. when pressed for details he said, the devil's in the details. he's right. were he to get specific he would be committing ideological blasphemy. instead he talks about freedom and capitalism. the same pattern emerges on immigration. he says he wanted to solve the immigration issue permanently but he can't propose anything practical because that would talk about le
to a familiar theme, but does he need to do more? >> i will lower the tax rate. he wants to creat to raise them. i'll create jobs and he'll kill them. also marsha blackburn, bob shrum, and larry sabato from the university of virginia center for politics. as we head into first presidential debate, we'll talk about the state of america at home and abroad with the distinguished panel. michelle rhee, former head of the washington, d.c. school system and founder of students first. economist mark zandi of moody analytics. bob woodward, author of "the price of politics" and hendrick smith, author of the new book "who stole the american dream?." it's all ahead on "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and we welcome now to the broadcast new jersey governor chris christie. governor, thank you for being here. governor i have to start off by saying i don't hear very many republicans these days who think mitt romney is doing very well. what's your take here? >> well, he's had a tough couple of weeks. let's be honest. i
into a recession if the spending cuts and tax increases kick in all at once in january. that kind of uncertainty is freezing businesses from doing any hiring. >> alison kosik, thank you. "cnn newsroom" continues now with brooke baldwin. >> thank you so much. hi, everyone. i'm brooke baldwin. so exciting. seven hours and counting until the presidential debate tonight. mitt romney, he is gaining in two swing states. could this be romney's springboard? romney has whittled the president's lead, take a look. he's whittled the president's lead in the two percentage points in virginia. this is according to a poll released today by marist college, the wall street journal and also nbc news. two-point lead for obama, that's down five points last month. keep in mind we're talking virginia, that's 13 electoral votes there. and check it out, similar story for you in florida. 29 electoral votes there. now, a one-point, one-point lead for obama, down from four points in september. we should mention here that poll shows the president still with the seven-point lead in ohio. we can't forget about ohio. but speak
in into record deficits is because we put two wars and two tax cuts on a credit card. we didn't pay for. and now mr. romney wants another $5 trillion in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake, not now. it didn't work then. it won't work now. and that's why i'm running for a second term as president of the united states. i will tell you, i'll tell you what we need to move forward. we got to invest in small business. we got to invest in manufacturers creating jobs here in ohio, here in the united states of america. we have got to recruit 100,000 new math and science teachers to train to make sure our young people have -- to make sure our young people have the skills that they need. we got to train 2 million workers at community colleges to bring down college tuition cost s. we got to cut our oil imports in half and create thousands of new jobs and energy. we got to use the savings from ending the war in iraq and afghanistan, to pay down our deficit. put some people to work, doing some nation building right he
-called fiscal cliff biened of the year. the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child deductions, obama's payroll tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major
pay taxes, they see me working hard and doing things i should be doing as a citizen. >> what this comes down to really is do you think voting say right or a privilege? if voting is a right, people who have paid their debt to society should be allowed to vote. demographics are changing, more of this rhetoric that voting is not a right but a privilege. it should really be outrageous to all of us. the very foundation of our country is that voting is a right. vermont and maine probably have the two smallest black populations in the country. unfortunately race has been a big part of this in the state of virginia, where she's from, when the law was put in place, when it was embed into the state constitution back in 1902, the person who was doing that was actually talking from the floor of that convention and i quote, because of this plan, darky will be zeroed out as a factor in our state's politics in five years. it was a very sordid racial had history. >> you're saying this is of a race issue than anything else? is that what you're saying? or is it -- >> i'm saying at its very ori
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen
is still short on details on a few key things, health care plan, his tax care plan, as well as as frank-dodd. did he score any points as far as romney being a blank canvas? >> there were a few vulnerabilities when you talked about entitlements, tax plans, he has to square these numbers. he dug himself some holes, that the obama campaign can dig him into even more. it's going to be difficult for him to square those things in a future debate. i think there is possible areas of opportunity there. this was not something that even the most dedicated partisans can paint as a good night for president obama. >> you know it's a bad night if opinions are that uniform, huh? >> exactly. the next presidential debate, tuesday, october 16th. >> thank you, rick. >> thanks. >> thank you, guys. >>> our coverage of the debate does not end here. we'll take you live to denver, during "america this morning" and also during "good morning america," as well, as a wrap-up and further analysis. look for political insight any time always at abcnews.com. >>> turning overseas, tension is running high this morning al
more than half a trillion dollars, automatic tax increases and deep spending cuts would kick in if the country goes over that fiscal cliff. >> that's significant. you look at some of these numbers. just you throw out numbers like test you throw out numbers like you can't put your mind around it. a married couple with two kids inc00 more, $6,000 more almost. and then if some of the child deductions, obama's payroll tax cut isn't renewed, you won't get tax breaks for each child as well. >> one of the steepest increases in history of the country. a big deal. remember, we got to this point because the super committee, bipartisan committee did not get the job done, they did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no mattewhat they got to get thie be cf1p201. >>> moving on this morning, another major credit card company is going to pay up to company is goingresnd $ up to million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will also pay $27.5 million, similar
: fees, taxes and regulations and none of them needed? it's why small business owners say they're being forced to close shop across the country. one lawmaker is fighting back. he's next to explain. and a teenager getting the last laugh after her track mates pulled a cruel joke on her. the inspiring homecoming story coming up. ♪ [ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's amazing we've made it this far. maybe it's because when one of us messes up, someone else comes along to help out. that's the thing about humans. when things are at their worst, we're at our best. see how at libertymutu.com. liberty mutual insurance -- responsibility. what's your policy? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. and every day since, two year
going to cut income tax rates by 20% to make up the difference by eliminating deductions in credit. is he going to get into some of these details here about how this is all going to shake out? anna, start with you. >> you know, suzanne, i don't know how much time is loued in the debate to go into real detail of a plan. certainly you can't go into detail about 59 points, but dow hope he chooses two, three, four points to really focus on, make the sale. this is his strength. it should be something that he is able to sell well. more than four million jobs have been added back into the economy since he took office. you got growth. it's been stuck at 1%, which really is pretty disastrous for a recovery. what does he have to say to convince voters that, you know what, stick with me, stick with my plan? >> well, first of all, i don't think 90 minutes is long enough for mitt romney to explain his 59-point plan. or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many s
calling the romney team out on some of these specifics whether it's on tax cuts or on medicare. i think one of the interesting dynamics to watch in the vice presidential debate is there's a difference between what paul ryan believes and what mitt romney believes and that is on these, on some of these important issues about taxes and health care and medicare. so that's an area where you can imagine vice president biden working to press ryan on the details and the inconsistencies between the two of them. >> really interesting point. thanks so much. >>> coming up in our next half hour, round 2009 the presidential debate and how body language is so important in determining the winner. >>> breaking news from rome. there's a verdict in the trial of pop benedict's former butler. paolo gabriele was convicted this morning of leaking the pope's private papers to a wrournlist. he's been sentenced to 18 months in prison. >> reporter: good morning. well the prosecution wanted three year sentence, the defense asked for an acquittal. the butler said he acted on behalf of the catholic church and the po
about romney's economic plans. >> how they can justify raising taxes on the middle class that has been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree! that means we need to stop digging by electing mitt romney as the next president of the united states. >>> biden later tried to dig himself out of the mess by explaining that the middle class had been buried by policies supported by the republicans. trying to, yeah, dig himself out of that line. >> joe's always -- he's never dull. love him or hate him, he's always saying something interesting. and headline-worthy, interesting. everyone talking about the video released last night as well. conservative website dug up a video of the president speaking to an audience back in 2007. saying a racially polarizing, racially divisive speech, referenced jeremiah wright, the federal government's response to katrina, new orleans, seven years ago. so that could play a role in the d debait tonight. it may not. it's been the election so far, interesting
Search Results 0 to 29 of about 30 (some duplicates have been removed)

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